WELLCARE HEALTH PLANS, INC.
Financials · Hospital & Medical Service Plans · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $4.65B | $3.95B | $14.24B | $13.89B | $12.96B | $9.53B |
| Operating income | $161.2M | $103.2M | $529.5M | $336.1M | $148.3M | $281.1M |
| Net income | $101.7M | $67.3M | $242.1M | $118.6M | $63.7M | $175.3M |
| Total assets | $11.76B | $8.36B | $6.15B | $5.15B | $4.50B | $3.45B |
| Total liabilities | $7.52B | $5.95B | $4.15B | $3.42B | $2.90B | $1.93B |
| Equity | $4.24B | $2.42B | $2.00B | $1.73B | $1.60B | $1.52B |
| EPS (diluted) | $2.25 | $1.50 | $5.43 | $2.67 | $1.44 | $3.98 |
| Shares out. | 44.5M | 44.3M | 44.1M | 44.0M | 43.8M | 43.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 3.5%
- Net margin
- 2.2%
- Return on equity
- 2.4%
- Return on assets
- 0.9%
- Return on capital (ROCE)
- 2.4%
- Liabilities / assets
- 64.0%
- Debt / equity
- 1.77×
- Book value / share
- $95.22
- Revenue growth (YoY)
- 17.5%
- Net income growth (YoY)
- 51.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2018- Altman Z″ (distress)
- 2.33grey zone
- Accruals / assets
- −1.5%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 4 good- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJan 23, 2020
- Director / officer changeDec 17, 2019
- Results of operationsOct 30, 2019
- Results of operationsJul 30, 2019
- Shareholder vote · Other material eventJun 24, 2019
- Director / officer change · Other material eventJun 14, 2019
- Director / officer change · Shareholder voteMay 23, 2019
- Results of operationsApr 30, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.